Is feasibility study important in establishing an online business?

[Oklojay]

Feasibility study according to Wikipedia is an assessment of the practicality of a proposed project or system



It is actively practicalized in offline business establishment. It involves several stages all of which is to acertain the whether the pre-planned business is capable of being successful

 

[Immilash]

Feasibility study according to Wikipedia is an assessment of the practicality of a proposed project or system



It is actively practicalized in offline business establishment. It involves several stages all of which is to acertain the whether the pre-planned business is capable of being successful

Sir I will like to advise you, if you want your days to be long on this forum don't be spamming, I think I have this same thread crested by someone. This a spam

 

[Oklojay]

Ok bro am sorry am just trying to understand the platform cause am new here. It won’t happen again am sorry bro

 

[Sherman198]

This is a reasonable question indeed! Feasibility study is an outstanding thing to do while endeavoring to start a business of your own. When you conduct this study, you would know everything or every steps you would need to take before starting your own business. These steps, range from knowing what exactly you be selling, how exactly you would be producing that thing you want to be selling, and which people would be buying it, that's which market you would be selling your goods. In any kind of business, feasibility study is a complete priority.

 

[Oklojay]

Thank you so much for your contribution. We need this knowledge in almost everything we do in life

 

[Mataracy]

Feasibility study is very important to the business as the heart is important to the body. Before one start a business one need to take better research on the area propose to put the company and the environment because there is no company that can succeed without its environment.
By doing this one will be able to know the threat that may arise in the future and how to get over them. They always do feasibility studies in order to know may be there will be success of the business or not.
So after feasibility studies and there is assurance that the coast is clear then they will now proceeds to start the business.

 

[Oklojay]

Exactly, thanks for

Feasibility study is very important to the business as the heart is important to the body. Before one start a business one need to take better research on the area propose to put the company and the environment because there is no company that can succeed without its environment.
By doing this one will be able to know the threat that may arise in the future and how to get over them. They always do feasibility studies in order to know may be there will be success of the business or not.
So after feasibility studies and there is assurance that the coast is clear then they will now proceeds to start the business.

you

Feasibility study is very important to the business as the heart is important to the body. Before one start a business one need to take better research on the area propose to put the company and the environment because there is no company that can succeed without its environment.
By doing this one will be able to know the threat that may arise in the future and how to get over them. They always do feasibility studies in order to know may be there will be success of the business or not.
So after feasibility studies and there is assurance that the coast is clear then they will now proceeds to start the business.

Exactly, thanks for your contribution

 

[Flow-er]

Feasibility studies is one of the thing that you must carry out before you start a business at all. You must be very careful when it comes to establishing a business without carrying out a feasibility study. The essence of the feasibility studies is just to tell you the future of the business. the research will tell you if the business is viable or not. No one wants to get involved in business that is viable. This is the reason why we need feasibility studies to help us through all of this. You don't have to carry out this feasibility research yourself because we have expert in that area. You will just need to pay for the services and the result will be delivered to you. Carrying out a feasibility studies is very common amongst the big companies. This is why it is very important to always do this because it is the Foundation of your business. If you do not want your business to crash in no time you will need the feasibility studies in place. People who do not consider this before establishing their business have themselves to blame at the end and they will lose money on the long run.

 

[sincerem]

https://trendri.com/threads/is-feas...-establishing-an-online-business.94261/unread.

The OP just copied the original work and pasted here, their is no need of commenting on both. The best thing is for admin to look this one . @Fecoms you can look this one, it is a duplicate thread.